Dutch Crypto Manager Predicts Bitcoin Could Reach $150K by October 2025 Following Bullish Market Signals
Despite a downtrend in US tech stocks, Bitcoin has shown remarkable resilience, gaining just under 1% in April 2025. The cryptocurrency experienced a notable 4-day bounce in mid-April, climbing from $75,000 to the $85,000 range, signaling potential for future growth.
A Dutch Crypto Manager has pointed to the formation of a bullish cup and handle chart pattern on Bitcoin’s 1-month chart, suggesting the cryptocurrency could soar past its previous highs. As Bitcoin’s price remains above crucial long-term support levels, this chart pattern signals a possible rally to $150K by October 2025.
This aligns with forecasts from major financial analysts, such as Standard Chartered, which sees Bitcoin reaching $200K by 2025. In comparison, some experts believe that Bitcoin could even top $500K by 2029.